DraftKings $200 Promo - Bet $5 Get $200 in Bonus Bets

Last updated August 25, 2025

The DraftKings $200 promo is back for the 2025-2026 NFL season, giving new users a bet $5 get $200 bonus just in time for football season. On top of the betting bonus, new players can get a $200 off NFL Sunday Ticket when they go through YouTube or YouTube TV. 

This special offer runs from August 4, 2025, through September 29, 2025, making it perfect for early-season action. In this article, I’ll break down how to claim the DraftKings $200 promo, what the terms look like, and how you can get the most value from both the betting credit and the NFL Sunday Ticket deal.

draftkings
🏅 DraftKings Sportsbook - New Customer Offer
Bet $5, Get $200 in Bonus Bets Instantly + Over $200 Off NFL Sunday Ticket
1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $300 issued as non-withdrawable Bonus Bets.
Bonus Bets expire in 7 days (168 hours).
GAMBLING PROBLEM? CALL 1-800-GAMBLER
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new DraftKings customer. $5+ first-time bet req. Get 1 promo code to redeem discounted NFL Sunday Ticket subscription and max. $300 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. NFL Sunday Ticket: YouTube TV base plan (not included in this offer) required to watch NFL Sunday Ticket on YouTube TV. Subscription autorenews yearly at then-current price (currently $378 for YouTube TV subscribers, or $480 for YouTube subscribers); cancel anytime. Terms, restrictions, embargoes and eligibility requirements apply. No refunds. Digital only games excluded. Commercial use excluded. Addt’l terms: https://tv.youtube.com/learn/nflsundayticket/draftkings/. Offer ends 9/29/25 at 11:59 PM ET. Sponsored by DK.
Claim Bonus
Promo Code
NONE NEEDED - Use Link
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How Do I Get My $200 from DraftKings?

To claim your $200 DraftKings bonus, create a new account and deposit at least $5. Place a first wager of $5 or more on any event. No code is required. 

Once your bet is placed, you’ll receive $200 in bonus bets instantly regardless of whether your initial wager wins or loses. The bonus is distributed as eight $25 bonus bets, and you have seven days to use them after they are credited to your account.

Quick Steps:

  1. Sign up as a new DraftKings customer.
  2. Deposit a minimum of $5.
  3. Place a $5+ bet on any available market.
  4. Instantly receive $200 in bonus bets.
🎁 Bonus Promo Offer:Bet $5, Get $200 in Bonus Bets Instantly + Over $200 Off NFL Sunday Ticket!
➕ CodeNone Needed - Click To Claim
🇺🇸 Bonus Available in:AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV
💲 Eligible bet typesMoneyline bets, Spread bets, Player props, Over/under bets, Same Game Parlays, Live bets, Traditional parlays
💰 Minimum deposit:$5
📊 Minimum odds:-500 for qualifying wager
🗓️ Days to use bonus bets:7 days
Promo Rating5/5
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).
Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).
21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new DraftKings customer. $5+ first-time bet req. Get 1 promo code to redeem discounted NFL Sunday Ticket subscription and max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. NFL Sunday Ticket: YouTube TV base plan (not included in this offer) required to watch NFL Sunday Ticket on YouTube TV. Subscription autorenews yearly at then-current price (currently $378 for YouTube TV subscribers, or $480 for YouTube subscribers); cancel anytime. Terms, restrictions, embargoes and eligibility requirements apply. No refunds. Digital only games excluded. Commercial use excluded. Addt’l terms: https://tv.youtube.com/learn/nflsundayticket/draftkings/. Offer ends 9/29/25 at 11:59 PM ET. Sponsored by DK.

DraftKings Bet $5, Get $200 Bonus: Terms and Conditions Explained

With DraftKings Sportsbook new players can jump on the Bet $5, Get $200, just sign up, place a qualifying bet, and you’re in.

Here’s what you need to know:

  • 💵 Minimum deposit: $5
  • 🧾 Qualifying bet: Wager $5 or more on any market (NFL included)
  • 🎁 Bonus payout: You’ll receive $200 in bonus bets, issued as 8 x $25

After your qualifying wager is settled, DraftKings drops the bonus bets into your account within about three days. You have seven days to use the bonus bets, so it’s best to place them before the time runs out.

👉 Just remember — if a bonus bet wins, you’ll pocket the profit, but the $25 stake itself doesn’t come back with it.

🚫 Eligibility and Limits

The offer is open to new users aged 21+ (18+ in KY, NH, WY). You must be located in one of the following states to claim the bonus:

AZ, CO, DC, IA, IL, IN, KY, LA, MA, MD, MI, NC, NJ, OH, PA, VT, VA, WV, WY

Quick notes:

  • One claim per user.
  • Bonus bets can’t be combined or used with odds/profit boosts.
  • Cash-out disables the bonus.

👉 This deal is one of the cleanest and fastest ways to try DraftKings. Simple terms, fast delivery, and clear value.

How The DraftKings Promo Compares To Other Sportsbooks

We can confidently say that the DraftKings $200 promo sets the standard among competitive offers. Compared to its peers, BetMGM, Bet365, and FanDuel, DraftKings consistently delivers the best sportsbook promotions for new customers.

​Here is a comparison of current new-user sportsbook promotions from BetMGM, FanDuel Sportsbook, and bet365 as of August 2025:

SportsbookPromotionBonus AmountConditionsPromo CodeNotes
BetMGMFirst Bet OfferUp to $1,500 in Bonus BetsIf your first bet loses, receive bonus bets equal to your stake (max $1,500)SQOREBonus bets expire in 7 days. Available in All states.
BetMGMBet $10, Get $150$150 in Bonus BetsPlace a $10 bet; if it wins, receive $150 in bonus betsSQOREAvailable in CO, MI, NJ, PA, WV.
FanDuelBet $5, Get $200$200 in Bonus BetsPlace a $5 bet; if it wins, receive $200 in bonus betsNone requiredBonus bets credited within 72 hours; expire after 7 days.
bet365Bet $5, Get $150$150 in Bonus BetsPlace a $5 bet; receive $150 in bonus bets, win or loseSQOREBONUSAvailable in multiple states; bonus bets expire after 7 days.
 First Bet Safety NetUp to $1,000 in Bonus BetsIf your first bet loses, receive bonus bets equal to your stake (max $1,000)SQOREPROMOChoose between this and the $150 bonus offer.

👉 These offers vary in how they reward you, depending on how much you stake and how much risk you’re comfortable taking.

With bet365, you get bonus bets no matter how your first wager turns out. FanDuel and BetMGM, on the other hand, only award the bonus if that first bet is a winner. BetMGM’s First Bet Offer and bet365’s First Bet Safety Net give some insurance by returning your stake in bonus bets if your opener doesn’t go your way.

DraftKings $200 Bonus — Pros and Cons

This welcome deal draws plenty of attention, though it won’t suit every type of bettor. Here’s a closer look at its upsides and downsides:

Pros
  • Low entry — just a $5 bet gets the full bonus
  • No code needed — nothing to type in
  • Fast delivery — bonus bets arrive within 72 hours
  • Great for testing the sportsbook with little risk
  • Works on any sport and market, including NFL
Cons
  • Only available in select states
  • Bonus is split into 8 x $25 bets — not flexible
  • Stakes aren’t returned on winning bonus bets
  • Bonus bets expire in 7 days

Best Way to Use the DraftKings Bonus Offer

Since bonus bets only return the winnings from a successful wager — not the stake itself — they tend to work best on higher-odds picks where the payout can be more worthwhile. Some players also spread their risk by hedging across two different sportsbooks.

👉 For example, imagine putting a $25 bonus bet on the New York Giants at +200 on DraftKings for Monday night’s game against the Dallas Cowboys. If the Giants win, you’d collect $50 in profit. To lock in a return no matter the result, you could place a $50 wager on Dallas at -250 with another sportsbook. That way, whichever team comes out on top, you walk away with a $25 gain.

Popular Questions Players Ask About The DraftKings Promotion

Do you need a code for DraftKings?

No, you do not need a code to take advantage of DraftKings' welcome offer.

How long does it take to get the $200 from DraftKings?

The $200 bonus from DraftKings is typically credited to your account instantly once you fulfill the play-through requirements outlined in the offer's terms and conditions.

Does DraftKings really give you 200 dollars?

Yes, DraftKings does offer a $200 bonus to its new customers. You get the bonus no matter how your first qualifying bet turns out. It’s added to your account whether that first wager wins or misses.

How quickly does DraftKings payout?

Most withdrawals are processed within five business days, but the timing can change depending on how you choose to cash out.

Is the DraftKings promo legit?

Yes, the DraftKings promo is legitimate. Any winnings from your bonus bets are yours to withdraw.

Where can I take advantage of this DraftKings bonus?

As of April 2025, DraftKings is legally available in the following states: Connecticut, Tennessee, Arizona, Indiana, New York, Vermont, Maine, Colorado, Illinois, Oregon, West Virginia, Massachusetts, Pennsylvania, New Hampshire, Michigan, North Carolina, Iowa, Virginia, New Jersey, Wyoming, and Louisiana.

Does DraftKings give you free money for signing up?

Yes, DraftKings gives new users $200 in bonus bets after you deposit and place a $5 bet no promo code needed. You’ll get eight $25 bonus bets instantly. You’ll need to use the bonus bets within seven days. Any winnings can be cashed out after you’ve placed them on at least one wager. The bonus bets themselves aren’t cash and can’t be transferred or refunded

DraftKings $5 for $200 Promotion Reviews

"DraftKings, one of the pioneers of the U.S. online sports betting industry, still ranks among the top platforms available. Their Bet $5 Get $200 promotion aims to help new players get comfortable with betting. Unlike most offers, this one rewards you regardless of whether your bet wins or loses, creating a less pressured experience. 

I believe this approach makes DraftKings more accessible for beginners, and I recommend the promotion." 

Jake Williams - Author at Sqore.com

"They have the best promotion for New Accounts. Deposit $5, make a bet, and they give you $150 to bet more, regardless if your bet wins or not. You can't withdraw any of the $150 they give you, but any Money you win from bets with the $150 promotion you can. 

I Deposited my last $7 and turned it into $400 with that promotion. As long as you have some up-to-date knowledge of sports and Athletes there is no reason you shouldn't be profiting!" 

Andrew Calvetti - Google Play

Author Rating

Sqore.com-draftkings-sportsbook-ratings

DraftKings' “bet $5, get $200” promo is everywhere right now, and if I’m being honest, it actually stacks up well compared to most of the clutter that crowds the bonus world. 

Deposit $5, choose a game or market you want to bet on, and you’ll get eight $25 bonus bets right away. There's no code puzzle or mysterious qualifying procedures lurking in the background. For anyone who’s signed up for betting sites before, that’s surprisingly refreshing. 

Still, nothing’s ever perfect. Sure, the $200 headline figure looks juicy, but these aren’t free chips you can cash out in one go. You’ll need to use them within a week, as DraftKings clearly states that any unused bonus bets will expire. That kind of time crunch might not work for every bettor, especially if you like to spread your action out or wait for just the right lines. 

And, as always, you only keep the winnings your bonus bet stake evaporates win or lose. I can't help but think that's what DraftKings is betting on: most new users won’t squeeze every dollar of value out of the deal.

Honestly, the straightforward setup is a plus. I’ve mentioned to friends that if they’re curious about DraftKings, this is one of the easier promos to get started with — just keep an eye on the expiration dates. Experienced bettors will find it easy to handle, and newcomers can use it as a low-risk way to test different markets. Is it the perfect promo? Not quite. Is it as honest as these deals get? Yes, probably.

👉 I’ll give the DraftKings bet $5, get $200 offer a full 5 out of 5. I don’t often point people toward promos, but this one is worth considering — as long as you know exactly what you’re getting into.

⭐ Promo Rating5/5

What States Offer A Sign Up Promo For New DraftKings Customers?

Check the table below to find where DraftKings is available and unlock their best sign-up offers. If DraftKings promotions are active in your state, don’t miss the opportunity to claim these deals and start placing your wagers today!

StateDK SportsbookDK CasinoLaunch DateRetail Partner
Arizona September 2021TPC Scottsdale
Colorado May 2020Mardi Gras Casino (Black Hawk)
ConnecticutOctober 2021Foxwoods Resort Casino
Illinois August 2020DraftKings at Casino Queen
Indiana October 2019Ameristar Casino
Iowa February 2020Wild Rose Casino
Kansas September 2022Boot Hill Casino & Resort
Kentucky September 2023 
Louisiana January 2022Golden Nugget Hotel & Casino Lake Charles
Maine November 2023Passamaquoddy Tribe
Maryland November 2022Maryland State Fairgrounds
Massachusetts March 2023N/A
MichiganJanuary 2021Bay Mills Resort & Casino
New Hampshire December 2019The Brook Casino, Filotimo Casino
New JerseySeptember 2018Resorts Casino
New York January 2022del Lago Resort & Casino
North Carolina March 2024N/A
Ohio January 2023Hollywood Casino Toledo
Oregon January 2022N/A
PennsylvaniaNovember 2019Penn Interactive
Tennessee November 2020N/A
Virginia January 2021N/A
West VirginiaAugust 2019N/A
Wyoming September 2021N/A

Why Are My DraftKings Bonus Bets Not Working?

Running into problems with your DraftKings bonus bets can be annoying, but there are a few simple checks that often fix things.

  • Verify Promo: Using a link from this page, will automatically activate the DraftKings new customer promo
  • Check the FAQs: Visit the DraftKings FAQs, they address the most common issues with bonus bets providing a quick solution without needing further assistance.
  • Social Media Updates: Check out DraftKings’ on X to see if there are any updates about service disruptions or if other users are reporting similar problems.
  • Contact Customer Support: If none of the above steps resolve the issue, reach out to DraftKings customer service for personalized assistance.

👉 By following these steps, you can troubleshoot and resolve most issues related to DraftKings bonus bets quickly and effectively.

DraftKings Banking Options

Deposit Options to Use with the DraftKings Promo

The deposit methods DraftKings offers can vary quite a bit depending on where you’re located and which product you’re using. Not every payment option you see below will be available everywhere or for all DraftKings services. But generally, they cover most bases with options like:

  • Apple Pay
  • Bank Wire
  • Cash at Cage
  • Checks
  • Debit Cards
  • Online Banking
  • PayPal
  • Play+ Prepaid Card
  • Venmo
  • VIP Preferred (e-check)

Remember, your deposit needs to come from a personal account in your own name. Business accounts aren’t accepted. Also, some payment methods might only be an option for certain DraftKings products, and sometimes your payment processor might accept or decline your deposit for their own reasons.

If you’re thinking about managing your spending, DraftKings lets you set daily, weekly, or monthly deposit limits, which is a handy tool for responsible play.

Ultimately, the deposit options you see will be tailored to your location and product, so the whole process should be smooth and within the rules. Just be sure to use valid personal banking or payment accounts when funding your DraftKings wallet.

How to Withdraw Your DraftKings $200 Promo Winnings

Cashing out your promo winnings is pretty straightforward, but it’s worth following the right steps and knowing what options you have when "withdrawing your promo". Here’s the general process:

  1. Head to your account and click on “Withdraw.”
  2. Complete any verification steps if requested. Sometimes the casino just needs to confirm your identity before releasing your funds.
  3. Pick your preferred withdrawal method.
  4. Wait for the money to arrive, keeping in mind processing times vary depending on the method.

Here’s a quick breakdown of withdrawal options and how long they usually take:

Withdrawal MethodProcessing TimeNotes
Cash at CageAbout 1 hourYou have to do this in person.
Debit CardAround 1 dayQuick and easy.
Apple PayAround 1 dayAvailable if you’re eligible.
TrustlyAround 1 dayConvenient online banking.
PayPalUp to 2 daysMake sure your account is linked.
Bank Wire TransferUp to 2 daysBetter for larger withdrawals.
VenmoUp to 2 daysPopular digital wallet.
VIP Preferred (eCheck)Up to 3 daysRequires linked checking account.
Check (by Mail)$100–$2,000: Up to 5 days; Over $2,000: Up to 3 daysLarger checks may clear faster.
Play+ Prepaid CardUp to 4 daysSecure and easy to use.
Online BankingUp to 5 daysTimes can vary by bank.

👉 A couple of tips to keep withdrawals running smoothly

  • Make sure your account is fully verified beforehand.
  • Also, pick a withdrawal method that matches your timing needs.
  • And if anything feels off or gets stuck, DraftKings customer support tends to be pretty responsive, so don’t hesitate to reach out.

Ongoing DraftKings Promotions Worth Checking

The welcome bonus might be the first thing that catches your eye, but DraftKings offers more than that. Ongoing promos give regular players extra ways to stay engaged and add variety to their betting.

Here’s a closer look at some of the most rewarding offers live right now:

🎯 Refer-a-Friend Bonus

Get rewarded for sharing the action. Invite your friends, and for each one who signs up and deposits $25 or more, you’ll earn up to $100 in bonus bets. You can stack up to $500 this way. Bonus bets show up in your account pretty quickly. Just remember, you’ve got a week to use them, and you can only cash out any winnings — not the bonus amount itself.

🧠 Free-to-Play Pools

Put your sports knowledge to the test without spending a cent. Free-to-Play Pools let you predict outcomes on selected games and climb leaderboards for bonus bets. Prizes usually range from $1 to $100, depending on how sharp your picks are. It’s a fun way to stay involved, even when you’re not placing your usual bets.

💵 Deposit Match Offers

From time to time, DraftKings adds a deposit match, which means you get extra funds to use right from the start.. The percentage and max amount vary, so check the app regularly to catch the best deal when it drops.

😎 "No Sweat" First Bets

Worried about losing your first bet? Watch for DraftKings’ "No Sweat" promos. If your bet doesn’t land, they refund you with a bonus bet — straightforward and easy to follow. Great for easing into the action with low risk.

🎁 No-Deposit Bonuses

Sometimes, DraftKings surprises new users (or players in newly launched states) with a no-deposit bonus. These offers don’t come often, but when they do, it’s a chance to bet for real money without risking any of your own.

🏌️ Reignmakers PGA Tour Pack

Golf lovers, this one’s for you. You get 35 digital golfer cards in a free Starter Pack, a solid way to start playing in fantasy-style PGA contests right away. No entry fees, just strategy and bragging rights. Build your roster, enter beginner competitions, and compete all season long.

🏈 King of the End Zone – NFL Promo

NFL season means big bonus pools. This promo gives you a shot at $2 million in bonus bets just for betting on touchdown scorers.

How it works:

  • Opt in through the DraftKings app
  • Place a pregame TD scorer bet of $5+
  • Win your share of the prize pool
  • Use any bonus bets within 7 days

You can place them as singles or in parlays with up to three legs, so there’s room to play it simple or mix it up.

👀 Keep an Eye on the App

DraftKings updates its promos all the time based on the sport and season. You might find bonus bets, no-risk entries, or special contests linked to major events.

These offers aren’t just add-ons. They’re a big reason why DraftKings keeps its edge. Whether the reward is small or substantial, it’s still something extra for bettors who stay engaged.

DraftKings Responsible Gambling Features

DraftKings is committed to promoting safe and responsible gambling by offering a variety of tools to help players manage their betting activity. These features are designed to encourage mindful wagering and protect bettors:

  • Deposit Limits: Set daily, weekly, or monthly limits on the amount you can deposit into your account.
  • Spending Limits: Control how much money you want to spend on wagers during a specific timeframe.
  • Wagering Limits: Define the maximum amount you’re willing to stake on a single bet.
  • Time Limits: Establish limits on the duration of your betting sessions to avoid excessive play.
  • Cool-Off Periods: Activate a 30-day cool-off period to temporarily restrict betting activity and deposits.

DraftKings encourages all players to gamble responsibly and within their means. These responsible gambling features are designed to help you maintain control and enjoy your betting experience in a safe and comfortable manner. If you ever need support, resources like the National Council on Problem Gambling (1-800-GAMBLER) are available to provide assistance.

Jake
Jake Williams
Jake Williams is a sports gambling expert. He's been writing in the sports betting and DFS industry for over a decade. He specializes in MLB and NBA, along with College Basketball and College Football.